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Monday, 22 April 2002

Mid-Atlantic Digest (4/23/02): $250Mln Md. Retail Project Due to Commence

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April 23, 2002

Baltimore's Parole Plaza rehab is near, builder says
The Baltimore Sun

BALTIMORE – At Parole Plaza near Annapolis, the outdated mall will soon be replaced by a new retail and residential hub called Parole Centre. The $250 million redevelopment project, which has been in the works for close to a decade, is creeping toward a kickoff date as an advisory committee wraps up its final report and New Jersey-based developer and owner Carl Freedman prepares to raze the obsolete structure. An architect's plan for a 12-story apartment tower also is near completion.

Why REITs are finding their way into portfolios
The Philadelphia Inquirer

KING OF PRUSSIA, Pa. – The Pennsylvania Real Estate Investment Trust has been on a roll of late and offers a clear window into the way real estate investing is changing. Real estate stocks may be replacing old-fashioned, pre-deregulation electric utility stocks in many portfolios. PREIT, as the company is known, recently declared its 100th consecutive dividend – dividends that have been paid semi-annually or, more recently, quarterly, going back to 1960. The total value of its outstanding shares has risen dramatically – from $214 million at the end of 1999 to nearly $402 million at the close of trading yesterday. Like about a third of its rival real estate trusts, PREIT posted 52-week stock-price highs earlier this month.

Commercial Real Estate Direct provides links to full stories where available.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

  • Breaking mortgage, CMBS, and REIT news

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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